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The Latest Breaking News from NIQ

Asda owners under pressure as chain’s share of market hits ‘new nadir’

Sales fell 6.4% in the three months to 10 August as chain becomes the only one of the big four to see sales drop

The Guardian - UK

Britain's embattled hospitality sector sees signs of a revival at last

The number of licensed premises has risen by 0.5% since March in the first quarterly increase in two years

Evening Standard

UK Supermarket Sales Increase By 5.4%: NIQ Research

Recent report shows 5.4% surge in UK supermarket sales, reflecting consumer confidence and changing shopping habits.

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Americans are 'hunkering down' and cutting back on food purchases

"We’re spending more, but we’re buying less.”

Fortune

Rethinking auditing and transparency in the age of A.I.

In today’s world of increasing disclosures, such as ESG and cybersecurity, the responsibility of the internal audit continues to expand and has become even more critical.

Fortune

Own-label groceries are flying off the shelves as hard-pressed Brits feel the pinch

Market research group NIQ found own-labels now account for 63% of all packaged consumer goods – up from 62.1% last year

Daily Mirror

Has the vegan bubble burst? Sales stagnate in UK as brands withdraw plant-based products

Oatly, Nestlé and Innocent Drinks are among those withdrawing products from shelves as market shows signs of slowing down

The Guardian - UK

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Family-run pubs remain exposed after London hit hardest by Covid closures

London landlords are facing the end of government support and are hoping for drinkers to keep coming back to the pub

Evening Standard

Almost 4,600 hospitality firms close in year as energy bills rocket – figures

Restaurants suffered a particularly damaging year, with the number of licensed restaurants shrinking by 7.8% over the year.

The Independent UK

Revealed: The great Brexit pubs and clubs shutdown

Number of hospitality venue closures soars six-fold in a year - triggered by EU staff shortages

The Independent UK

nCino Analysts Cheer Q2 Beat Amid Uncertain Macros

nCino, Inc (NASDAQ:NCNO) reported Q2 revenues of $99.6 million, up 50% Y/Y, beating the consensus. Adjusted EPS loss of $(0.04) surpassed the consensus. KeyBanc analyst Josh Beck maintained an Overweight and lowered the price target from $40 to $35. nCino reported solid results similar to the adjusted prior-quarter result driven by a potent mix of go-lives,…

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